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Chinese Stock Markets to Benefit
From Looser Rules on Performers

By

Ramoncito Dela Cruz Dow Jones Newswires

Updated July 4, 2000 12:01 a.m. ET

SHANGHAI, China -- The presence of foreign-invested companies on China's fledgling stock exchanges will provide the breadth and depth that are sorely lacking in the country's capital market, analysts and traders said.

Ma Xiuhong, China's assistant foreign trade minister, said the government is encouraging foreign-invested firms to issue stocks to local investors.